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Sunday, August 17: The Importance of Fiduciary Duty
In the financial arena, professionals can be held to two different codes. The first of these is the fiduciary duty, which legally binds the agent to act solely in the best interest of the client. Brokers, on the other hand, do not operate under the fiduciary standard. Instead, brokers operate under...
Read MoreSaturday, August 16: An Apology for Quantitative Easing
“I can only say: I’m sorry, America.” These sound like the words of a treasonous diplomat or disgraced politician. Instead, they made up the opening line of an article written for The Wall Street Journal by Professor Andrew Huszar, a former Federal Reserve official whose work back in 2009-20...
Read MoreSaturday, August 9: Phil Cannella Discusses Variable Annuities: World’s Worst Investment!
Carlo di Florio, chief risk officer for the Financial Industry Regulatory Authority (FINRA), recently highlighted concerns stemming from variable annuities, saying those particular investments rem...
Read MoreTake the FINANCIAL LITERACY QUIZ! HOW MUCH DO YOU KNOW about Finances?
1. Interest Rate: Suppose you had $100 in a savings account and the interest rate was 2% per year. After 5 years, how much do you think you would have in the account if you left the money to grow?
- More than $110
- Exactly $110
- Less than $110
Phil Cannella Moderates Expert Panel Discussion
The Crash Proof Retirement Show® Exclusive Panel Discussion
The Retirement Crisis in America.
Phil Cannella Covers the News on GM: Still Cleaning Up the Mess
The Crash Proof Retirement Show® Discusses the Flaws with GM and Corporate America
GM’s CEO Mary Barra admitted that GM had been operating under a "cost cu...
Read MorePhil Cannella Prepares Retirees for Tax Season
Phil Cannella and Joann Small covered an extremely important and very relevant topic this weekend on The Crash Proof Retirement Show®- Taxes in Retirement! Retirees often don't realize how much they're overpaying in taxes during retired years. Education ...
Read MorePhil Cannella Reveals Financial News Corruption on The Crash Proof Retirement Show®
Phil Cannella Exposes a Financial News Scheme by Wall Street
Phil Cannella and Joann Small shared with our listeners the very thing they have been saying since this show first aired in 2008, you can't trust what you hear. News broke recently that investor relations firms were hir... Read MorePhil Cannella and Joann Small Discuss March Madness on the Stock Market
Phil Cannella Reviews Weekly Sentiment on Wall Street
Phil Cannella and Joann Small revisited some interviews they recently conducted with some of the industry's top analysts and experts who were making market predictions some months ago. Eerily enough, this week the market seems to... Read MorePhil Cannella and Joann Small Discuss the Crisis in Ukraine